and if consumers really are into real stuffs, they go to Pawn shops and the auction stores and web sites to shop cheap bargains.
Have I also mentioned about the counterfeit struggle that all these name brand companies continue facing? The demand of the counterfeit in the market is so strong as more and more consumers have become care less about the true ingenuity, but the appearance.
Wise investors must change their investing strategy as the global business and economy are going to face huge changes ahead. Luxury retail business is going to face huge head wind into 2017 for the worse.
More and more consumers are buying less luxury items, but in fact pawning their name brand watches, coins and jewelries. I have been lending cash to Pawn shop for over 5 years and getting 8% of the interest due to the above mentioned facts and situation in the market.
Consumers are going back to cash saving and lower spending especially with the luxury brands that are not the necessity in life.
Tiffany is facing the same fate and destiny like Coach. Michael Kors is another great example that stock dropped from high $70 to low $40.
Sentiment: Strong Sell
Numbers never lie. After all, Tiffany did miss the earning and warned of lower guidance. CEO's interview spoke of the continuation of margin pressure for its business.
Tiffany's brand name is going down as its products getting sold on auction web sites.
Mark this post. Its chart has shown the bullish hammering pattern.
Sentiment: Strong Buy
If the news today by TIF happening to Macy, Gaps, JC Penny, they would have gotten hugely killed. TIF tankED nearly 8% this morning and now is nearly even. Talk about dead cat bouncing. I think the company is using its cash resource to do shares buying. It won't last though as soon as the buying stop and the investors start selling by the negative news.
Any bounce of the stock shall consider a selling opportunity for a blessing. Take care.
The shares buyback is not going to save the business.
Why Himax Technologies (HIMX) Could Be a Potential Winner
Zacks By Zacks Equity Research
May 20, 2016 7:52 AM
Himax Technologies, Inc.
Why Himax Technologies (HIMX) Could Be a Potential Winner Zacks 5 days ago
One Reason Why Himax Technologies (HIMX) Stock is Advancing Today TheStreet q 7 days ago
It commonly happens in stock investing that investors miss the chance of buying winning stocks that they knew would stand out. Before they take the plunge, others get to know the hidden potential and enter into these stocks, pushing them out of reach.
So, instead of repenting, spotting the off-the-radar potential winners and immediately investing in them could be a smart decision.
One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Himax Technologies, Inc. HIMX. This semiconductor stock has actually seen estimates rise over the past month for the current fiscal year by about 19.4%. But that is not yet reflected in its price, as the stock lost 10.4% over the same time frame.
You should not be concerned about the price remaining muted going forward. This year’s expected earnings growth over the prior year is significantly high, which should ultimately translate into price appreciation.
And if this isn’t enough, HIMX currently carries a Zacks Rank #2 (Buy) which further underscores the potential for its outperformance (See the performance of Zacks' portfolios and strategies here: About Zacks Performance).
So if you are looking for a stock flying under-the-radar that is well-equipped to bounce down the road, make sure to consider Himax Technologies. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for HIMX and that now might be an interesting buying opportunity.
Sentiment: Strong Buy
My fiance's close friend runs a Pawn Shop at San Jose downtown and you will not believe the amount of jewelries selection and great qualities and name brands they carry in the shop. People are getting wiser about their shopping and saving.
My fiance, my son and my son in law bought all the jewelries from Blue Nile, 3 party web site and jewelries whole seller. The qualities are darn good that are impeccable near perfect. We did not even think about shopping on Tiffany whatsoever.
EBAY is an auction web site. Tiffany now places their jewelries on EBAY website for bidding. No wonder the CEO says he expects the continuation of margin squeeze.
well short of both the $0.49 a share it served up a year earlier and the $0.50 a share that Wall Street pros were targeting. Margins will shrink (which is why it's a good thing you didn't pull the trigger on those confetti shooters).